ROLENKO: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ROLENKO
Largest movements
- Tangible fixed assets -€46,675
down €46,675 (-6.7%), from €696,441 to €649,766
- Cash +€25,917
up €25,917 (+113.3%), from €22,872 to €48,789
mainly Depreciation (+€46,675) and Tax, wage and social debts (+€5,416)
- Debts after one year -€22,147
down €22,147 (-6.0%), from €370,612 to €348,464
of which Financial debts: -€22,147
- Revaluation surpluses -€7,660
down €7,660 (-3.6%), from €211,559 to €203,900
- Reserves +€7,660
up €7,660 (+11.9%), from €64,331 to €71,991
of which Distributable reserves: +€7,660
- Other operating charges -€11,358
down €11,358 (-43.0%), from €26,387 to €15,029
- Taxes +€7,536
new in 2025: €7,536
- Financial charges -€3,386
down €3,386 (-42.2%), from €8,016 to €4,630
- Gross operating margin -€1,902
down €1,902 (-2.4%), from €80,466 to €78,565
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €720,415 | €699,578 | -€20,838 | -2.9% |
| Fixed assets | 21/28 | €696,441 | €649,766 | -€46,675 | -6.7% |
| Tangible fixed assets | 22/27 | €696,441 | €649,766 | -€46,675 | -6.7% |
| Land and buildings | 22 | €696,441 | €649,766 | -€46,675 | -6.7% |
| Current assets | 29/58 | €23,974 | €49,812 | +€25,838 | +107.8% |
| Amounts receivable within one year | 40/41 | €11 | - | -€11 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €11 | - | -€11 | |
| Cash at bank and in hand | 54/58 | €22,872 | €48,789 | +€25,917 | +113.3% |
| Deferred charges and accrued income | 490/1 | €1,092 | €1,023 | -€68 | -6.3% |
| Total equity and liabilities | 10/49 | €720,415 | €699,578 | -€20,838 | -2.9% |
| Equity | 10/15 | €167,225 | €171,919 | +€4,694 | +2.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Revaluation surpluses | 12 | €211,559 | €203,900 | -€7,660 | -3.6% |
| Reserves | 13 | €64,331 | €71,991 | +€7,660 | +11.9% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €58,181 | €65,841 | +€7,660 | +13.2% |
| Profit (loss) carried forward | 14 | -€170,165 | -€165,472 | +€4,694 | +2.8% |
| Amounts payable | 17/49 | €553,190 | €527,659 | -€25,531 | -4.6% |
| Amounts payable after more than one year | 17 | €370,612 | €348,464 | -€22,147 | -6.0% |
| Financial debts | 170/4 | €362,712 | €340,564 | -€22,147 | -6.1% |
| Other amounts payable | 178/9 | €7,900 | €7,900 | = | 0.0% |
| Amounts payable within one year | 42/48 | €182,578 | €179,195 | -€3,384 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €22,801 | €22,398 | -€403 | -1.8% |
| Trade debts | 44 | €10,685 | €3,854 | -€6,832 | -63.9% |
| Suppliers | 440/4 | €10,685 | €3,854 | -€6,832 | -63.9% |
| Taxes, remuneration and social security | 45 | €2,120 | €7,536 | +€5,416 | +255.5% |
| Taxes | 450/3 | €2,120 | €7,536 | +€5,416 | +255.5% |
| Other amounts payable | 47/48 | €146,972 | €145,407 | -€1,565 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,469 | €46,675 | -€794 | -1.7% |
| Other operating charges | 640/8 | €26,387 | €15,029 | -€11,358 | -43.0% |
| Gross operating margin | 9900 | €80,466 | €78,565 | -€1,902 | -2.4% |
| Operating profit (loss) | 9901 | €6,610 | €16,860 | +€10,250 | +155.1% |
| Financial charges | 65/66B | €8,016 | €4,630 | -€3,386 | -42.2% |
| Recurring financial charges | 65 | €8,016 | €4,630 | -€3,386 | -42.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,406 | €12,230 | +€13,636 | |
| Income taxes | 67/77 | - | €7,536 | +€7,536 | |
| Profit (loss) for the period | 9904 | -€1,406 | €4,694 | +€6,100 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,406 | €4,694 | +€6,100 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.